The Manufacture and Other Operations in Special Warehouse Regulations, 2020.
The Regulation shall be applicable to units that operate under section 65 of the customs Act and units applying for permission to operate warehouse.
DGFT lays down criteria and procedure for submission of applications for export of surgical mask
The Exporters (both manufactures and merchant exporters) shall apply online through DGFT’s ECOM system for export authorizations and export of only 4 crore units will be allowed for the month of August.
CBIC issues the Sea Cargo Manifest and Transhipment (Second Amendment) Regulations, 2020
The Authorized dealer can now deliver the cargo declaration in Form-VIA or Form-VIB and Form-VIIA or Form-VIIB or arrival and departure manifest in Form-VIII or Form-VIIIA, from 15th May, 2020 till 30th September, 2020.
CBIC Invites Suggestions for Review of Customs Laws and Procedures
The Central Board of Indirect Taxes and Customs (CBIC) has invited suggestions to review the Customs laws and procedures and the Customs Duty Exemption Notifications.
CBIC relaxes submission of custom sealed sample for clearance of import consignments of livestock
The CBIC for ease of doing business has relaxed the requirement for submitting custom sealed sample for clearance of import consignments of livestock under no testing category.
CBIC revises the tariff value for gold and silver
The amendment has revised the Tariff value for import of materials including palm oil, palmolein, gold, silver, medallion, and few categories of seeds and nuts.
DGFT restricts the import of power tillers.
The Director General of Foreign Tarde on 15th July 2020 has notified the procedure to implement the restriction imposed on import of Power Tillers and for authorization of import the following conditions shall be followed. The applicant should have been in the business for at least 3 years and should have sold a minimum of […]
DGFT amends the Export Policy of Textile Raw Material for Masks and Coveralls
only non-woven fabric of 25 to 70 GSM and melt-blown fabric of any GSM exported against the HS codes 560312, 560392 is prohibited for export. All other non-woven fabrics with GSM other than 25-70 GSM are freely allowed for exports.
The CBIC issues new measures under the ‘Turant Customs’ program
The Central Board of Indirect Taxes & Customs has issued new measures under the flagship of ‘Turant Customs’ program with a view to further prepare the ground for applying the reforms pan-India.
DGFT Extends the validity of Pre-shipment Inspection Agencies till 30th September 2020
The DGFT has extended the validity of recognition of the Pre-shipment Inspection Agencies (PSIAs) who have completed their tenure of three years as on date or whose validity was extended up to 30th June 2019 up to 30th September 2019.
